Federal banking regulators are pressing Citigroup to shake up its board and replace its chairman in an effort to restore confidence in the beleaguered financial giant.

CBS has redesigned TV.com to showcase new and old television episodes. The site aims to give Hulu, another TV site, a run for its money.

The site wants a hub for all members of Congress to reach out to their constituents.

Reuters - Asian stocks slipped for a fourth consecutive session and the yen climbed against the euro on Monday, as a relentless global economic slowdown renewed invester caution about taking on risk.

Reuters - Shares in Satyam Computer Services Ltd jumped by two-thirds in early Monday trading after the government stepped in to appoint a three-member board in a bid to restore confidence in the outsourcing firm rocked by India's biggest corporate scandal.

Shares in Indian software firm Satyam jump 60% on hopes of a rescue plan for the scandal-hit firm.

Gazprom says it is going to Brussels to discuss resuming Russian gas supplies after Ukraine agreed to drop its conditions.

The Treasury is to own 43.4% of the merged Lloyds HBOS bank, after few shareholders bought new shares.

Financial services companies have been hit by a record fall in profits, business organisation CBI warns.

Reuters - Asian stocks fell for a fourth straight session on Monday as the relentless global economic slowdown limited investor enthusiasm about risk-taking, though returns offered on some bonds were proving too good to pass up.

Reuters - General Motors Corp Chief Executive Rick Wagoner said the struggling automaker had enough funding to last through March but could still seek additional U.S. government loans beyond the $13.4 billion it has already been pledged.

The brothers who founded the outsourcing company Satyam have been interrogated and jailed, and the Indian government announced a new board for the company.

Gold trading enjoyed a bumper year in 2008 as investors sought a safer place to put their cash as the credit crunch hit home.

Swedish engineering firm Alfa Laval says it is going to cut 1,000 jobs worldwide due to falling orders.

Reuters - Stock index futures pointed to a mixed open on Wall Street on Monday while investors worry about corporate results after dismal U.S. monthly jobs fueled economic fears. At 5:20 a.m. EST, futures for the S&P 500 were down 0.12 percent, Dow Jones futures were down 0.04 percent and Nasdaq 100 were up 0.1 percent.

Reuters - Shares in Satyam Computer Services Ltd jumped as much as two-thirds on Monday on expectations a government-appointed board will rescue the company in the wake of India's biggest corporate scandal.

Regulators are pressing Citigroup to shake up its board and replace its chairman in an effort to restore confidence in the beleaguered bank.

Russian PM Vladimir Putin says gas flows to Europe via Ukraine can resume once the EU signs a deal and deploys monitors.

Retailer Land of Leather asks the stock exchange to suspend its shares with immediate effect, as it reviews its finances.

The newly appointed board of Satyam is scrambling to get money and new managers while also trying to determine how deep the company?s problems are.

The agreement came on Monday after Ukraine, Russia and the European Union approved a deal to deploy pipeline monitors.

Markets around the world fell modestly, with investors fretting as the latest corporate earnings season kicks off.

Abbott will pay about $1.36 billion plus debt for Advanced Medical Optics in an effort to expand its eye care offerings.

Mining giant Rio Tinto is postponing a $2.15bn expansion of its Brazilian iron ore mine as the economic slowdown bites.

Russia will resume pumping gas to third countries via Ukraine from Tuesday morning, the EU says, ending a dispute over transit.

India's transport strike enters a second week, with some lorry drivers returning to work but many supplies still affected.

Retailer Land of Leather asks the stock exchange to suspend its shares with immediate effect, as it reviews its finances.

About 875 jobs are at risk at distribution group Wincanton after it confirms that two of its depots may close in the spring.

Reuters - Stocks opened flat on Monday as investors worried that the start of the fourth- quarter earnings reporting season may signal further worsening of the recession.

Reuters - The Senate will not approve more bailout money for banks unless it includes limits on executive pay and help for struggling homeowners, Senate Banking Committee Chairman Chris Dodd said on Monday.

Reuters - No. 2 U.S. homebuilder Lennar Corp said on Monday that its chief operating officer had not received a mortgage on his home from the company and denied treating its joint ventures like a 'Ponzi scheme.'

The agreement, which was not yet confirmed by Ukraine, came on Monday after a deal to deploy pipeline monitors.

Markets around the world fell modestly, with investors fretting as the latest corporate earnings season kicks off.

Lorry drivers in India call off an eight-day nationwide transport strike that had pushed up the cost of food.

GM tires to stay upbeat at Detroit Motor Show

JCB is to make a further 684 people redundant at its UK factories, only months after cutting hundreds of jobs.

Reuters - Stocks fell on Monday, hurt by diminishing appetite for riskier assets due to fears that fourth-quarter earnings might spotlight further deterioration in the economy.

Reuters - Satyam Computer Services needs to restate its accounts and appoint senior people as soon as possible to get back on track, but this will take time, the new board of the fraud-hit Indian company said.

Reuters - Retail sales could fall by 4 percent in the first quarter, a data tracking firm forecast on Monday, saying the tumultuous sales trends seen during the holiday shopping period are likely to continue.

A judge declined a request to jail Bernard L. Madoff, allowing him to remain under watch in his apartment.

The request for the second half of the $700 billion bailout fund sets the stage for a potentially messy legislative battle straddling administrations.

A US judge rejects demands that Bernard Madoff should be jailed while prosecutors investigate his alleged $50bn (£33bn) fraud.

The merger of banks Lloyds TSB and HBOS is granted the final legal approval by a court in Edinburgh.

Reuters - Stocks slid on Monday, hurt by worries that fourth-quarter earnings reports, which begin with aluminum producer Alcoa later in the day, will show the recession is worsening.

AP - Facing a litany of economic and financial challenges, retailers must work with government leaders to address health care, immigration, energy independence and environmental sustainability this year, departing Wal-Mart CEO Lee Scott urged retailers Monday.

The agreement, which was not yet confirmed by Ukraine, came after a deal to deploy pipeline monitors.

Airlines and airports have a convoluted way of delivering information on the status of flights.

Just one week ahead of its second-quarter financial report, Seagate, a leading maker of computer hard drives, said that the company?s outspoken chief executive, has been replaced.

Reuters - Stocks plunged on Monday in Wall Street's worst slide in more than a month as investors worried about the outlook for embattled bank Citigroup and expectations of dismal fourth-quarter earnings mounted.

Reuters - General Motors Corp is planning to re-enter the vehicle lease business early this year and could see that form of financing amount to about 5 percent of its U.S. vehicle sales, a senior executive said on Monday.

Reuters - No. 2 U.S. homebuilder Lennar Corp again denied on Monday treating its joint ventures like a 'Ponzi scheme' and tried to counter the allegation by providing fresh data on those ventures.

G.M.?s chairman said a $13.4-billion federal-aid package is sufficient to keep the company solvent through March.

Alcoa?s loss highlighted the impact of the weakening world economy on key aluminum markets, including construction and autos.

Wall Street gave up nearly all the gains from a year-end rally that had lifted battered shares more than 7 percent.

A string of disappointing auctions over the last four months has prompted the auction house to start a cost reduction effort that will include job cuts.

President Bush has said he will ask Congress to release the remaining $350bn of a US financial rescue package.

Ministers are considering plans to guarantee up to £20bn of loans to small businesses as a way to help them survive the downturn.

Reuters - Aluminum producer Alcoa Inc , which is slashing 15,000 jobs, reported a fourth- quarter loss on Monday, as the global economic crisis sent revenue plummeting on lower demand and declining metal prices.

Reuters - Stocks fell on Monday as concerns about massive credit losses at Citigroup knocked its shares 17 percent lower, dragging down bank stocks, and on fears of a dismal fourth-quarter earnings season.

Reuters - JPMorgan Chase & Co , the second-largest U.S. bank by assets, on Monday said it will announce fourth-quarter results on Jan 15, six days earlier than planned.

Reuters - American International Group Inc , moving ahead with asset sales, has received the first round of bids for its aircraft leasing unit, and is expected to start shopping its asset management business soon, people familiar with the matter said on Monday.

AP - Retailers need to offer customers more services to make themselves indispensable and work with the government to help solve economic and social woes even as they deal with seismic changes in consumer behavior, industry leaders said Monday.

A federal magistrate refused a request to jail Bernard L. Madoff, allowing him to remain under watch in his apartment.

As it tries to appeal to job seekers in a new advertising campaign, the parent company of the employment Web site Monster is using a humorous touch.

Airlines and airports have a convoluted way of delivering information on the status of flights.

Chancellor Angela Merkel of Germany has resisted a sweeping stimulus plan, but senior members of the government are finishing up a package that could be Europe?s biggest.

The Italian airline agreed to sell a minority stake to Air France-KLM, cementing ties with the airline just a day before Alitalia takes to the skies as a leaner airline.

Abbott will pay about $1.36 billion plus debt for Advanced Medical Optics in an effort to expand its eye care offerings.

President Bush was by turns impassioned, defiant and light-hearted in his last scheduled news conference.

The financial crisis prompted South Korea and Japan to set aside historical disputes on Monday and agree to cooperate to meet immediate economic challenges.

President Bush has formally asked Congress to release the remaining $350bn of a $700bn US financial rescue package.

Germany has agreed a stimulus package worth about 50bn euros including infrastructure investment, senior ministers say.

Business leaders paint a bleak picture of the UK economy, with a survey suggesting a 'frightening deterioration'.

The Toyota Prius, which currently dominates the U.S. hybrid car market, will face its most serious challenger this year as Honda introduces the Insight hybrid.

For the first time, two Chinese carmakers are exhibiting this year on the main floor of the Detroit auto show.

The blind-bidding option on Priceline.com is recommended if you?re flexible and have done research. You can easily overbid for a hotel that might be had for less elsewhere.

The Cessna Aircraft Company told workers that it would lay off an additional 2,000 employees to ensure its long-term stability and success.

The newly appointed board of Satyam is scrambling to get money and new managers while also trying to determine how deep the company?s problems are.

Alcoa?s loss highlighted the impact of the weakening world economy on key aluminum markets, including construction and autos.

Health officials completed guidelines that let pharmaceutical companies tell doctors about unapproved uses of their medicines.

Kohlberg Kravis Roberts could ease its investors? pain a little if it took the ultra-discount retailer Dollar General public now.

Abbott will pay about $1.36 billion plus debt for Advanced Medical Optics in an effort to expand its eye care offerings.

Magistrate Judge Ronald L. Ellis, who refused to revoke bail for Bernard L. Madoff, is said to be calm in all matters and ?impervious to the politics of the day.?

For one fearful flier, the anxiety is irrational and has to do only with lack of control.

Reuters - Sony Corp may post an operating loss of about 100 billion yen ($1.1 billion) this financial year, its first such loss in 14 years, due to weak sales and a stronger yen, a source close to the matter said on Tuesday.

The suicide of the German billionaire Adolf Merckle shocked the nation as much as it angered his tiny town, where he was eulogized at a service that overflowed the church.

It seemed as if Citigroup was regaining a bit of trust on Wall Street, but as the struggling giant moved toward a deal with Morgan Stanley, all the old demons returned.

Signs emerged that the lawyer of Bernard L. Madoff was actively negotiating a plea agreement that could conclude the baffling fraud case without a trial.

The chairman of General Motors said that a $13.4-billion federal aid package would be sufficient to keep the company solvent through March.

Republican and Democratic Senate leaders signaled that they would support the release of the second half of the Treasury?s $700 billion financial system bailout fund.

China?s exports and imports shrank at an accelerating rate last month, a trend likely to set off more job losses in the country?s export-oriented coastal regions.

Well aware of the limits of oil, the United Arab Emirates, Qatar and Saudi Arabia are aggressively pouring billions of dollars into green technologies.

A string of disappointing auctions over the last four months has prompted the auction house to start a cost reduction effort that will include job cuts.

Alcoa?s loss highlighted the impact of the weakening world economy on key aluminum markets, including construction and autos.

Mr. Callender was an entrepreneur with a passion for pies who built the home-based baking business of his mother, Marie Callender, into a popular brand.

Someone without a bank account like Bernard L. Madoff?s surely would be locked up by now. Of course, this has always been the way of the white-collar world.

Russia says it will resume pumping gas through Ukraine to Europe, under a monitoring deal to end a dispute over transit.